North American Securities Administrators Association (NASAA)
Definition of 'North American Securities Administrators Association (NASAA)'
NASAA's mission is to protect investors, maintain fair and orderly markets, and facilitate capital formation. The association accomplishes its mission by:
* Promoting uniformity in state securities laws and regulations
* Providing education and training to securities regulators
* Conducting research on securities markets
* Advocating for investors' rights
* Collaborating with other regulators and organizations
NASAA is a member of the International Organization of Securities Commissions (IOSCO), the global association of securities regulators.
NASAA is governed by a board of directors, which is composed of one representative from each of the member jurisdictions. The board is responsible for setting NASAA's policies and priorities.
NASAA's staff is responsible for carrying out the association's mission. The staff includes attorneys, accountants, economists, and other professionals with expertise in securities regulation.
NASAA is funded by its member jurisdictions. The association's annual budget is approximately $10 million.
NASAA is a valuable resource for securities regulators in the United States, Canada, and Mexico. The association provides its members with a forum for sharing information and best practices, and it advocates for the interests of investors. NASAA also plays an important role in promoting uniformity in securities laws and regulations across North America.
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